INDIA RATINGS: IDBI Bank Cut; JMC Constructions Raised
Source: BFW (Bloomberg First Word)
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IDBI IN (IDBI Bank Ltd)
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UUID: 7947283
(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
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- IDBI Bank
- Infrastructure bonds cut to AA- from AA at ICRA
- Cites substantially weak operating, financial performance
- JMC Constructions
- Fund-based limits raised to BB- from B+ at ICRA
- Cites strong pending order book
Source: BFW (Bloomberg First Word)
Tickers
IDBI IN (IDBI Bank Ltd)
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UUID: 7947283